Holiday Tribe, an AI-powered travel startup founded by ex-MakeMyTrip executives, is currently in talks to secure approximately ₹50 crore (~$5.2 million) in fresh capital from RPSG Capital Ventures and other investors. The funds aim to enhance the platform's tailored itinerary planning and travel booking capabilities as the company scales.

  • Holiday Tribe seeks ₹50 Cr funding led by RPSG Capital Ventures
  • Startup combines AI tools with travel experts for personalised packages
  • Funding follows prior ₹30.4 Cr raised to expand AI and destination network

What happened

Holiday Tribe, a travel technology startup specialising in AI-driven customised holiday packages, is currently in advanced discussions to raise approximately ₹50 crore (about $5.2 million) in a new funding round. RPSG Capital Ventures, an early-stage consumer-focused investment arm of the RP-Sanjiv Goenka Group, is among the potential investors engaged in talks. The deal has not been finalised, and details regarding investor participation or round size may evolve as negotiations proceed.

Since its inception in 2022 by former MakeMyTrip executives Anshu Sharma and Chirag Goyal, Holiday Tribe has developed a platform that integrates AI-powered itinerary planners with human travel advisors. The company covers both domestic and international destinations including Kerala, Bali, Dubai, Japan, Vietnam, and multiple European markets. The new capital will likely support scaling technology and expanding destination coverage.

Why it matters

This fundraising effort reflects the robust growth and investor interest in traveltech startups offering differentiated, personalised trip planning experiences. Holiday Tribe’s use of AI for itinerary customisation alongside expert human advice addresses evolving traveller preferences for bespoke holidays. The startup’s ability to blend technology and human touch positions it well within a competitive market that values both convenience and personalised service.

The upcoming round follows Holiday Tribe’s prior capital raises—including ₹25 crore in a pre-Series A round led by Powerhouse Ventures and ₹5.4 crore seed funding—used to enhance AI capabilities and expand supplier networks. RPSG Capital Ventures’ involvement would bring both fresh capital and strategic consumer investment expertise, enhancing Holiday Tribe’s ability to capture a growing segment of travel consumers focused on curated, experiential journeys.

What to watch next

Key developments to monitor include the finalisation of the funding round’s size, investor composition, and how Holiday Tribe plans to deploy the new capital. Insights into whether the startup will intensify investment in AI personalisation, expand into new travel markets, or increase customer acquisition efforts will be critical to assessing its growth trajectory.

Additionally, the traveltech space in India is witnessing heightened activity with similar startups like Gurugram-based 30 Sundays and TravClan securing significant funds to scale AI capabilities and expand curated international travel offerings. Holiday Tribe’s progress and competitive positioning against these contemporaries will be a significant indicator of the sector’s maturation and the appetite for AI-driven personalised holiday experiences in India.

Source assisted: This briefing began from a discovered source item from Inc42 India. Open the original source.
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